few weeks till day of reckoning!

not sure we shall get anything before then.

however looking good - gresham are pretty good advisers and if they already have possible offers exceeding $1.90 then not a bad negotiating position - the main thing as well as price is reducing the conditions - mainly its due diligence but they all have access to the books now.

hopefully someone comse in with a circa $2.50 offer that the board endorse. a bidding war would be nice but private equity is probably more cautious these days.